The luxury supertall hotel and condo tower Waldorf Astoria Hotel & Residences Miami has officially launched sales in Downtown Miami. At 100-stories the tower is be the tallest ever to launch sales in Miami, rising 1,041’. Construction is estimated to begin in March 2022 with completion in 2025.
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Aztec Group Secures Debt & Equity For Retail Acquisition In South Carolina
Aztec Group, Inc., a leading real estate investment and merchant banking firm, has announced that Managing Directors Jason Shapiro and Sean Harrington, and Senior Associate, Joel Zusman secured a $10.75 million, 60% loan-to-cost, non-recourse loan and joint venture equity for the acquisition of Chapin Crossing.
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Related Group Breaks Ground on Icon Marina Village In West Palm Beach
Related Group has closed on financing and broken ground on Icon Marina Village, located on the Intracoastal Waterway in West Palm Beach. The developer obtained a $95 million loan from Santander Bank and has begun construction overseen by Balfour Beatty.
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Gazit Horizons Set To Clear Brickell Development Site For Brickell Gateway Mixed-Use Tower
Gazit Horizons, a subsidiary of Gazit Globe, has applied for a demolition permit to clear the way for Brickell Gateway, their proposed 650,000 SF mixed-use tower which will be built in-between Brickell City Center and Mary Brickell Village.
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AB Asset Management Acquires Residence Inn Coconut Grove From Hersha Hospitality Trust
AB Asset Management has acquired the Residence Inn Coconut Grove, a three-building, 140-unit hotel at 2835 Tigertail Avenue in Miami’s vibrant Coconut Grove neighborhood. The 2 acre property sold for $31 million, which breaks down to roughly $221,429.
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Five New Tenants Including Bradesco BAC Florida Bank Sign At The Plaza Coral Gables
Five notable new tenants have signed leases at The Plaza Coral Gables, a Class A office building currently under construction in Downtown Coral Gables, developed by Agave Holdings. The tenants include Bradesco BAC Florida Bank, who leased 63,009 square feet for their headquarters
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Adler Group's Nexus Riverside Mixed-Use Multifamily Approved In Downtown Miami
Adler Group’s mixed-use Class-A multifamily project Nexus Riverside has been approved by Miami’s Planning & Zoning Department. Located at 230 SW 3rd St., Nexus Riverside will be a multi-phase project in which Phase 1 will feature 428 apartments units and 278,379 square feet of office.
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Jonathan Slomianski Named Director Of Acquisitions At Galium Capital
SPONSORED - Galium Capital has announced that Jonathan Slomianski has been named Director of Acquisitions. Jonathan joined the Galium Capital team in 2019 and has overseen the acquisition of over $200 million of commercial real estate including Palm Square and Fountain Square II.
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Construction At The Gateway At Wynwood Ahead Of Schedule, To Be Completed 2nd Half 2021
Construction of The Gateway at Wynwood is speeding ahead of schedule with completion of the office building scheduled for the second half of this year. The developer has also released new renderings of the project’s 10th floor, which will only offer ‘spec suites.’
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Pura Vida, Harry's Pizza And The Salty Coming To Miami Beach's Iconic Lincoln Road Despite Pandemic
As the retail industry worldwide continues to struggle amid the pandemic, Lincoln Road is once again demonstrating its resiliency. By putting all of its efforts towards ushering in a health and economic recovery at the onset of COVID-19, including creating unique and socially distant programming and aligning with brands that enjoy a local cult-like following.
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